Category: Exchange-Traded Funds

In-Depth Technical Analysis of SOXX: Bearish Trends and Head and Shoulders Pattern Indicate Potential Drop to $180

Analysis

A comprehensive technical review of SOXX reveals a bearish trend following a break below the 200-period SMA at $210.00, with a potential drop to $180.00 outlined by an emerging head and shoulders pattern. The article discusses key support and resistance levels, trading strategies, and risk management measures for short-term and medium-term traders.

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SMH Technical Analysis: Bearish Trend and Head and Shoulders Pattern Point to Further Decline Potential

Analysis

An extensive technical review of SMH reveals a bearish trend characterized by a breakdown below key support levels and the formation of a head and shoulders pattern, suggesting a targeted decline to $200. This analysis outlines trading strategies and risk management techniques for market participants.

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